CCH Tax News Headlines - August 25, 2009

CCH Tax News Headlines - August 25, 2009

Federal Headlines: -

8/25/2009 - FPAA Determinations Regarding Partnership's InterestsGiving Rise to Nonconventional Fuel Credits Were Partnership Items(CAT Partners, TCM) 8/25/2009 - Res Judicata, Collateral Estoppel Did Not Bar IRS from Issuing Notice of Transferee Liability (Frank Sawyer Trust of May

1992, TC) 8/25/2009 - Transfers of Interests in Single-Member LLC Not Valued as Share of Underlying Assets (Pierre, TC)

State Headlines: 8/25/2009 - California --Multiple Taxes: Relief Extended to Those Affected by Yuba County Wildfire 8/25/2009 - New Jersey --Corporate Income Tax: Software Companies' Activity Did Not Create Tax Liability

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